Xiaomi leads the Indian smartphone market, Oppo is the only brand still growing

0
153
Xiaomi leads the Indian smartphone market, Oppo is the only brand still growing

A number of days in the past, Canalys revealed its report about world smartphone gross sales within the third quarter of this 12 months (July to September), and at the moment it is again with an analogous analysis which is that this time centered on the Indian smartphone market.

Total, shipments in India declined by 6% in Q3 2022 in comparison with the year-ago quarter, which Canalys speculates occurred due to weak demand for low-end units. Complete shipments had been 44.6 million items, down from 47.5 million in Q3 2021.

Xiaomi continues to steer the market, with 9.2 million items shipped and a 21% market share, though each of these numbers are down from Q3 2022 when it shipped 11.2 million units and had 24% of the pie. The truth is, 4 of the highest 5 manufacturers have seen each their shipments and their market share falling in comparison with a 12 months in the past.

The only exception to this development is Oppo, which went from 6.2 million items bought and 13% market share in Q3 2021 to 7.1 million items bought and 16% market share in Q3 2022. That is a wholesome 14% development proper there. Second-place Samsung and third-place vivo dropped the least when it comes to market share, at 1% every, though the precise cargo quantity drop was 11% and 9%, respectively.

Xiaomi leads the Indian smartphone market, Oppo is the only brand still growing

Xiaomi and realme had it the worst when it comes to shipments, each seeing 18% much less items bought than within the year-ago quarter.

Canalys analyst Sanyam Chaurasia acknowledged the next:

Entry-level gadget contribution declined this 12 months, whereas the mid-to-high phase carried out comparatively properly due to aggressive promotions. OPPOs OnePlus and vivos iQOO had been the 2 manufacturers driving mid-range development within the e-commerce channel throughout this era. Extremely-premium class smartphones, particularly older technology flagships, additionally skilled sturdy demand momentum amid value cuts. Samsung provided deep reductions on its older technology Galaxy Z Fold3 and newest Galaxy S22 collection in on-line and offline channels. Equally, demand for the aggressively discounted iPhone 13 outstripped the most recent iPhone 14, whose worth proposition is similar to the previous.

LEAVE A REPLY

Please enter your comment!
Please enter your name here